Advanced Medical Solutions Group (LON:AMS) Reaches New 1-Year High Following Dividend Announcement

Advanced Medical Solutions Group plc (LON:AMS)’s stock price hit a new 52-week high during trading on Wednesday following a dividend announcement from the company. The stock traded as high as GBX 269 ($3.55) and last traded at GBX 264.20 ($3.49), with a volume of 1126602 shares trading hands. The stock had previously closed at GBX 241.50 ($3.19).

The newly announced dividend which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be paid a GBX 0.77 ($0.01) dividend. This represents a yield of 0.32%. The ex-dividend date is Thursday, September 26th. Advanced Medical Solutions Group’s dividend payout ratio is 2,857.14%.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 300 ($3.96) target price on shares of Advanced Medical Solutions Group in a research note on Wednesday.

Advanced Medical Solutions Group Stock Performance

The stock has a market capitalization of £525.48 million, a PE ratio of 3,500.00, a P/E/G ratio of 4.83 and a beta of 0.74. The company has a debt-to-equity ratio of 3.74, a quick ratio of 4.58 and a current ratio of 5.67. The firm has a 50 day moving average of GBX 240.10 and a 200-day moving average of GBX 216.16.

Advanced Medical Solutions Group Company Profile

Advanced Medical Solutions Group plc, together with its subsidiaries, designs, develops, manufactures, and distributes products for the wound care, surgical, and wound closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally. It operates in two segments, Surgical and Woundcare.